Notice for Tender

The Port of Tanjung Pelepas Sdn Bhd announces dredging tender.

IMSK SE’s Restructuring Efforts Go Bust

time and money

IMSK SE is likely to be liquidated having failed to secure support for its restructuring plan.

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Uljanik to Sell 3. Maj Shipyard

Uljanik Group could sell its 3. May shipyard in an effort to raise much-needed cash.

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Rolls-Royce to Shrink Workforce as Part of Restructuring

Rolls-Royce logo

Rolls-Royce unveiled plans to cut 4,600 jobs, mainly in the UK, as part of its business restructuring.

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I.M. Skaugen Files for Restructuring in Singapore


I.M. Skaugen has filed applications to Singapore court for a moratorium to commence the reorganization of ...

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Vroon Hammers Out Restructuring Deal with Lenders

Vroon Acadian

Vroon has reached an agreement in principle with its lenders on financial restructuring.

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Creditors to Place STX Offshore under Court Receivership

STX Offshore & Shipbuilding

STX Offshore is to be put under court receivership as its union failed to accept the company's restructuring plan.

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Uljanik Selects Its Restructuring Partner

Danko Koncar-led Kermas Energija will be the strategic partner in Uljanik's restructuring.

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MOL Reveals Massive Restructuring

Mitsui O.S.K. Lines is set to launch a massive restructuring of its organization on April 1, 2018.

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EC Gives Green Light to Uljanik’s Rescue Aid

The European Commission approves state guarantee for Uljanik's USD 115.6 million loan.

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Over USD 550 Mn Needed to Restructure Uljanik

Uljanik is waiting for a green light from the European Commission for a state guarantee for a EUR 96 million.

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Uljanik Gets State Guarantee for Loan

Croatia has decided to provide a USD 115.6 million state guarantee for a loan to help shipbuilder Uljanik to restructure.

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Crowley Overhauls Business Structure

Jones Act shipowner Crowley restructures its non-liner and logistics business units as it pursues integration.

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FESCO Pens USD 680 Mn Credit Facility

Russian transportation and logistics firm Far-Eastern Shipping Company (FESCO) has inked a USD 680 million debt ...

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FESCO Reaches Milestone in Restructuring Deal

Russia’s Far-Eastern Shipping Company (FESCO) has obtained a guarantee approval from a majority of its ...

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Heerema Marine Axing 250 Jobs

Over 250 job cuts are planned within restructuring efforts announced on Tuesday by Heerema Marine Contractors ...

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Offen Group, DEVK Abandon Marenave

The existence of German shipping trust Marenave Schiffahrts comes once again into question as the proposed capital ...

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CSIC About to Seal Restructuring Deal

China Shipbuilding Industry Corporation (CSIC), which suspended trading of its stock back in May due to a ...

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Report: SHI to Continue Cutting Its Workforce

South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce, continuing ...

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Marenave Sells Car Carrier, Completes Restructuring

German shipping trust Marenave Schiffahrts has been successfully released from the remaining liabilities owed to ...

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KDB to Back DSME's Restructuring Despite Opposition

The restructuring of the financially-troubled South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering ...

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EU, Japan Raise Concerns over DSME's Rescue Plan

The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) ...

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